Category: Business

Mid-Year Results of NRD Companies: Greater Operational Scope and Refined Business Strategy

Mid-Year Results of NRD Companies: Greater Operational Scope and Refined Business Strategy

NRD Companies, a global IT and consulting group that provides IT solutions for public, financial, and retail sectors in all five continents, has expanded its operational scope to 23 countries during the first half of 2021. In comparison, the group was operating in 20 countries during the same period last year. During the first half of 2021, the group’s revenue […]

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FintechOS launches in US to drive digitalization in underserved financial institutions

FintechOS launches in US to drive digitalization in underserved financial institutions

FintechOS, the global technology provider for market-leading financial services brands, announces its launch into the US following success in its native Europe, as well as in Asia and the Middle East. FintechOS is forging links with American credit unions and traditional banks with a view to removing common obstacles to digitalization currently hampering the market.   The digital solutions provider, […]

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Sypher, the Romanian startup that developed the GDPR virtual assistant launches a campaign on SeedBlink

Sypher, the Romanian startup that developed the GDPR virtual assistant launches a campaign on SeedBlink

Sypher, the local startup that developed the GDPR virtual assistant – a software platform that helps companies in the GDPR compliance process – is launching a funding campaign on SeedBlink on September 7th. The investment round is led by Sparking Capital with 225,000 euros, as the main investor. Sypher was founded in 2017 by Cristian Badea and Mihai Ghiță, both […]

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Early Game Ventures (EGV) is investing in Vatis Tech’s technology, which is better than Google’s

Early Game Ventures (EGV) is investing in Vatis Tech’s technology, which is better than Google’s

Early Game Ventures investment fund (earlygame.vc) announces signing an investment round worth 200,000 euros in Vatis Tech (https://vatis.tech/), a startup that develops speech recognition technology. Sparking Capital and Mălin Ștefănescu participated in the round, and the DLA Piper team, formed by Cristina Bucur and Ciprian Frandeș, provided the legal assistance of the transaction. “At Vatis Tech, we focus on developing […]

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Cegeka Romania plans to expand in several cities in Romania and Moldova by setting up satellite offices

Cegeka Romania plans to expand in several cities in Romania and Moldova by setting up satellite offices

Cegeka Romania, a leading provider of IT&C solutions, registered a turnover of 18.8 mil euros in mid-2021, 12.2% higher than the same period last year.  That is a significant increase for the company and the group,  demonstrating the stability and adaptability of the company in conditions of uncertainty, health crisis, and constant fluctuations in the general economic activity. ‘The positive […]

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Nearshore activities grouped in a new cluster: Cegeka European Delivery Center (CEDC)

Nearshore activities grouped in a new cluster: Cegeka European Delivery Center (CEDC)

2020 has been a year of continuous growth and innovation for Cegeka, a leading provider of IT&C solutions based in Belgium, both at a group and local level. Cegeka Romania ended the year with a turnover of approximately 33.2 million euros, 15.6% higher than in 2019. The company exceeded the threshold of 600 employees locally, being recognized as one of […]

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Vodafone Romania reports the financial results for the quarter ended June 30th, 2021

Vodafone Romania reports the financial results for the quarter ended June 30th, 2021

Vodafone Romania announces the key performance indicators for the quarter ended June 30th, 2021, as reported today by Vodafone Group Plc. Vodafone Romania delivered good performance despite of the challenging context in the quarter ended June 30th, 2021. The Service Revenue is at EUR 190.9 million and continues to be stable on quarterly evolution. Vodafone Romania customer base reached 11.2 […]

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Börsig is the official distributor of C&K Switches

Börsig is the official distributor of C&K Switches

C&K offers a wide range of pushbuttons, rocker, toggle and rotary switches for a variety of applications. The high quality switches are recognized by electronic design engineers around the world, and almost a century after its foundation in 1928, C&K is still one of the best known and most trusted names in the E-Mech switch industry. The electronic distributor Börsig […]

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Veeam recognizes winners of the 2020 ProPartner Awards in Romania

Veeam recognizes winners of the 2020 ProPartner Awards in Romania

Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, today announced the 2020 Veeam Partner Awards winners during the online Partner Summit for Romania. The annual awards acknowledge the success and dedication of the most successful Veeam ProPartner Value-Added Resellers (VAR) and Veeam Cloud & Service Providers (VCSP) partners who have excelled in providing their customers with […]

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Evolvant and DRUID AI partner up to take on the UAE

Evolvant and DRUID AI partner up to take on the UAE

Evolvant is delighted to announce its newest partner in the United Arab Emirates – DRUID AI. The two companies join their forces to tackle some of the most imperative business opportunities in the financial, retail, and service sectors by implementing conversational RPAs across the Emirates region. Evolvant is on an active mission to enable companies’ successful digital transformation, while DRUID […]

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Xiaomi reports solid revenue and profit growth for 2020

Xiaomi reports solid revenue and profit growth for 2020

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), an internet company with smartphone and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announced its audited consolidated results for the year ending on December 31, 2020. In 2020, Xiaomi’s total revenue for the year amounted to RMB245.9 billion, representing an increase of 19.4% year-over-year; adjusted net […]

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Veeam Announces New Enhancements to its ProPartner Network in EMEA

Veeam Announces New Enhancements to its ProPartner Network in EMEA

Veeam® Software, the leader in Backup solutions that deliver Cloud Data Management™, has enhanced its ProPartner Program for Value-Added Resellers (VARs) across EMEA with an additional multi-million dollar investment. Aligned to Veeam’s 2021 channel strategy, the enhancements will reward partners that demonstrate core competencies and see Veeam strengthen its joint network of VARs, Veeam Cloud & Service Providers (VCSPs) and […]

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